Getting a handle on health care in retirement

Health care is one of the largest expenses most Americans will face in retirement – and it’s among the most difficult to predict. At the recent Morningstar Individual Investor Conference, I joined a panel discussion of strategies for meeting health-care funding needs using Medicare, Medigap, long-term care insurance health savings accounts – and the Affordable Care Act.

My co-panelist was a top expert on the intersection of financial planning and health care – Dr. Carolyn McClanahan. Carolyn is the founder of Life Planning Partners, and a physician. She is a member of the National Association of Personal Financial Advisors, the Financial Planning Association, and the American Academy of Family Physicians.

Carolyn and I were interviewed by Morningstar editor Jason Stipp. You can view the video below, or at, where you’ll also find a full transcript of the conversation.